Drone Simulator Market – Advance Technology Research, Key Manufacturers, Competitive Analysis and Development Forecasts till 2023

Global Drone Simulator Market Size, Share, Segments and Information by Component (Software, Hardware), Device Type (Fixed, Portable), Drone Type (Fixed-Wing, Multi-Rotor), Technology (Augmented Reality, Virtual Reality), End-User (Commercial, Military), & Region—Forecast till 2023

Pune, India - May 16, 2019 /MarketersMedia/ —

The growing capabilities in drone technology have led to the increasing demand for the development of simulation systems. The increased need for commercial and military applications will enable manufacturers to offer new growth opportunities to market players. Drone simulators are designed to allow drone pilots to practice on a computer and create an imitation of the operation of a real-world system with drone flight training. However, there are some shortcomings, such as the complexity in manufacturing and maintenance costs of drone simulator systems, which are expected to restrain the growth of this market.

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Drone simulators are designed to create an imitation of the operation of a real-world system or process associated with drone flight training. It is a program that allows drone pilots to practice on a computer without the risk and expense of damaging a real model. Technological advancements in drone payload systems and the growing capabilities of drone technology would require highly advanced simulation systems. Significant investments have been made in the development of artificial intelligence, which would lead to rapid growth of the market during the forecast period. However, a major restraint for the growth of the drone simulator market is the complexity in manufacturing and maintenance costs of drone simulator systems.

In addition, drones can detect leaks, corrosion, and other problems in oil & gas rigs and pipelines.The increased need for drones for commercial and military applications will offer new growth opportunities to the market players. The factors responsible for market growth are increasing R&D activities in the field of military simulation, increasing defense expenditure in emerging economies, and the growing demand for trained pilots. Several contracts have been signed to bolster the growth of the market. For example, in 2011, Aeronautics signed a contract with CAE Inc. to provide simulation for unmanned aerial systems (UAS).

Moreover, the affordability of drone simulators has resulted in the growth of the market. For instance, in 2015, CAE and General Atomics Aeronautical Systems Inc. signed a contract with the Italian air force to develop a Predator unmanned aerial system simulator. Similarly, in 2005, L3 Link Training & Simulator signed a contract with the US air force to develop a Predator mission aircrew training system (PMATS) for unmanned aerial vehicles.

Segmentation:

By Component
• Software
• Hardware

By Device Type
• Fixed
• Portable

By Drone Type
• Fixed-Wing
• Multi-Rotor

By Technology
• Augmented Reality
• Virtual Reality

By End-User
• Commercial
• Military

By Region
• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• Latin America

Key Players

The key players in the drone simulator market are Aegis Technologies (US), CAE Inc. (Canada), General Atomics (US), Havelsan A.S. (Turkey), Israel Aerospace Industries Ltd (Israel), L3 Link Training & Simulation (UK), Leonardo S.p.A (Italy), Sikan Nutzfahrzeuge GmbH (Germany), Simlat Uas Simulation (Israel), Singapore Technologies Electronics Limited (Singapore), and Zen Technologies Limited (India)

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Source URL: https://marketersmedia.com/drone-simulator-market-advance-technology-research-key-manufacturers-competitive-analysis-and-development-forecasts-till-2023/513577

Source: MarketersMedia

Release ID: 513577

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